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well of course there are broad reforms that are needed but right now the ukraine is running a budget deficit of about 8% of gdp of and energy subsidy program, that costs about 8% of gdp and has to be paid for in hard currency for imported energy and current account deficit of about 8% of gdp. they're virtually out of international reserves and have big foreign debts. something has to be done in a hurry because that is simply unsustainable. so we have -- cheryl: john, this is the no the first time that the imf has loaned ukraine money. and i'm curious if you think any of these loans in the past 20 years have been successful? in mid '90s, 3 1/2 approximately. 2.2 billion in '98. 16.4 in 2008 went to ukraine. have any of these programs been successful? >> the most recent programs haven't actually been completed exactly because ukrainian authorities didn't implement the promised and agreed reforms. and as a result the, those operations were suspended and ukraine didn't receive the fund. of course there will be very specific agreements in an imf accord but ukrainian policy changes that are absolu
well of course there are broad reforms that are needed but right now the ukraine is running a budget deficit of about 8% of gdp of and energy subsidy program, that costs about 8% of gdp and has to be paid for in hard currency for imported energy and current account deficit of about 8% of gdp. they're virtually out of international reserves and have big foreign debts. something has to be done in a hurry because that is simply unsustainable. so we have -- cheryl: john, this is the no the first...
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the administration has changed the map on that to make sure that it does not run at a deficit. insurance companies could get hit by this. they say that the change could result in higher premiums. back to you. cheryl: the health care battle. your freedom could be at risk. you say that because of all the changes for obama care, the country is in danger. >> you said openly i can do this with a pen and a phone. meaning he can write and executive orders. we essentially have slid -- the constitution is meaningless in this man's mind. he does not pay any attention to it. he has changed obamacare as a law. whether you agree with it or not, it is a law. he has changed it 38 times. you cannot just stage a law by fiat. oh, i do not like the law i will rewrite it. that is what he is doing. that you cannot do. that is against the constitution. they do not stand up to him or say anything about it. they finally go about it in order to do this. they are just as guilty. the congress says we do not know what this is. the intent of the law is xy or z. then the agency turns around and make their o
the administration has changed the map on that to make sure that it does not run at a deficit. insurance companies could get hit by this. they say that the change could result in higher premiums. back to you. cheryl: the health care battle. your freedom could be at risk. you say that because of all the changes for obama care, the country is in danger. >> you said openly i can do this with a pen and a phone. meaning he can write and executive orders. we essentially have slid -- the...
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-- like the economy and jobs and deficits. jenna: it's fair to to say that you and dr. emanuel don't get coffee together. >> no. after seeing him on megyn kelly, i'm not sure anybody gets coffee with that guy. he is one tough hombre. jenna: he certainly is, and he always gives us something to talk about that. karl, it's nice to have you on the program, we covered a lot of ground there, appreciate it as always. >> thank you, jenna. jon: right now the house expected to approve within the next few hours the first aid measure for ukraine's fragile new government pledging about $1 billion in loan guarantees. meantime, the house armed services committee is meeting now to discuss defense budget cuts this as the pentagon is boosting our military presence in eastern europe, sending fighter jets to our nato allies there. national security correspondent jennifer griffin is live from the pentagon. so, jennifer, is there concern about how russia views all of this discussion about budget cuts right now? >> absolutely. in fact -- but, jon, i
-- like the economy and jobs and deficits. jenna: it's fair to to say that you and dr. emanuel don't get coffee together. >> no. after seeing him on megyn kelly, i'm not sure anybody gets coffee with that guy. he is one tough hombre. jenna: he certainly is, and he always gives us something to talk about that. karl, it's nice to have you on the program, we covered a lot of ground there, appreciate it as always. >> thank you, jenna. jon: right now the house expected to approve within...
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ukraine now this was under the condition that ukraine enact austerity measures to reduce its budget deficit and reduce natural gas subsidies but in two thousand and eleven the i.m.f. froze this deal when key have failed to implement the required conditions what's more is the i.m.f. deal isn't ready cash some four billion dollars from the i.m.f. would come over the next several years in the form of loan and development grants while levin billion would come in the form of financing for infrastructure and development projects by european financial institutions but the real question is will this deal give ukraine the cash that it needs well the president of the european commission jose emmanuel barroso was vague about all the details but what we do know is this there are also offered eleven billion euros over the next couple of years include. and two point two billion dollars in loans and two billion dollars in grants as well as four billion dollars in new credit from the european investment bank through two thousand and sixteen the deal has to be approved by all members that's one of the point
ukraine now this was under the condition that ukraine enact austerity measures to reduce its budget deficit and reduce natural gas subsidies but in two thousand and eleven the i.m.f. froze this deal when key have failed to implement the required conditions what's more is the i.m.f. deal isn't ready cash some four billion dollars from the i.m.f. would come over the next several years in the form of loan and development grants while levin billion would come in the form of financing for...
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he was declared dead in the driver of the car state deficit and is cooperating. however, this is unclear whether not the driver will face a charge. it is unclear how fast he was going to rea. >> a federal judge refuses to block is sunnyvale law banning high capacity gun magazines. the judge turned down a request by five residents for a preliminary injunction. the lawsuit is sponsored by the nsa which claims that the ban violates their constitutional second and limit rights. the lawsuit challenging the sun belt law is one of the series that were filed from the nation by the nra. >> a bidding war could be under way to buy pleasanton based safeway. usa today says that the private equity firm cerberus has been interested in by the supermarket chain. kroger is also is expressed an interest in buying some of the shares. experts say that with ceberus and competition to buy safeway, kroger might change their decision to just buy the entire safeway chain. >> the golden state warriors say they are pushing ahead with plans for an 18,000 seat of rain at pierce and 30 and 32
he was declared dead in the driver of the car state deficit and is cooperating. however, this is unclear whether not the driver will face a charge. it is unclear how fast he was going to rea. >> a federal judge refuses to block is sunnyvale law banning high capacity gun magazines. the judge turned down a request by five residents for a preliminary injunction. the lawsuit is sponsored by the nsa which claims that the ban violates their constitutional second and limit rights. the lawsuit...
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we're going to keep this rainy pattern going, making up for the def sth deficit. you can see we're starting to clear out and that will be the story. gradual clearing, the temperatures close to 70. we'll get in the 70s tomorrow. just in time for friday. again you can see that live radar does show over the past few hours rain moving through. even snowfall. about a couple inches above 7,000 feet. you can see right now clouds, that's our cold front moving through the band of cloud cover. once this moves through you'll be done with low clouds and sunshine is expected to return. today temperatures not overly warm, close to 60 degrees in san francisco, over toward the east bay. back in the mid-60s and in the south bay a mix of sun and clouds. 66 degrees will do it for your average. plenty of sunshine as we get into the weekend. tomorrow we begin our warming trend close to 70. by saturday and sunday lots of 70s. we'll see low to mid 70s both days. the chance of rain does return and that looks like it's going to arrive into monday morning. in time to start the next work we
we're going to keep this rainy pattern going, making up for the def sth deficit. you can see we're starting to clear out and that will be the story. gradual clearing, the temperatures close to 70. we'll get in the 70s tomorrow. just in time for friday. again you can see that live radar does show over the past few hours rain moving through. even snowfall. about a couple inches above 7,000 feet. you can see right now clouds, that's our cold front moving through the band of cloud cover. once this...
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the former chelsea striker who likes to reduce the deficit to four wickets for seventy in midfield of the struggles of the home side and that fellow twelve minus ten minutes into stoppage time to control the silks that the dead and lives in their last matches the dramatic world cup playoff win against ukraine in november with am posting the last of the side of the stock if rolls. in four wheel drive front boundary bend several clubs have a fiscal fully authentic admitted that the dap should spend days but sweetie went from provider to goalscorer himself almonds before the break when he called the dutch defence nothing to fully have installed and complete a two goal victory marriott go to school against the run of plates and gemini a fortunate one nil win over chile in the friendly in stuttgart although the headlights and have probably containing the south americans will play host to both poles. it's a sixteenth minute goal proved enough for victory. despite the wind job because your kid will quilt the demonic dramatic improvements before heading to brazil in search of a full welsh cup
the former chelsea striker who likes to reduce the deficit to four wickets for seventy in midfield of the struggles of the home side and that fellow twelve minus ten minutes into stoppage time to control the silks that the dead and lives in their last matches the dramatic world cup playoff win against ukraine in november with am posting the last of the side of the stock if rolls. in four wheel drive front boundary bend several clubs have a fiscal fully authentic admitted that the dap should...
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we got about a quarter inch adding to the deficit of the drought that we're in but you'll notice right now as we look at the live radar, not a lot happening. a few sprinkles out there and drizzle once you start that morning commute. otherwise skies are going to clear out as we head through the day. so we do have fog, drizzle right now but as we head through the afternoon hours i do think we're going to see a good amount of sunshine. in san francisco visibility starting to improve but that drizzle really hanging on tightly. this afternoon temperatures top out in the mid-60s, so a few degrees cooler from where it was yesterday all because the cold front moving through. tomorrow back in the 70s and same for saturday. more rain arrives sunday. we'll talk more about coming up. let's check the roads. >> good morning. you have the overnight rain so we have wet roads to greet us for the morning commute. the bay bridge toll plaza, we'll show you full screen, the sheen on the roadway, the bigger concern was the fact someone was backing up in the hov lanes a couple minutes ago. they cleared. don'
we got about a quarter inch adding to the deficit of the drought that we're in but you'll notice right now as we look at the live radar, not a lot happening. a few sprinkles out there and drizzle once you start that morning commute. otherwise skies are going to clear out as we head through the day. so we do have fog, drizzle right now but as we head through the afternoon hours i do think we're going to see a good amount of sunshine. in san francisco visibility starting to improve but that...
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deficit,ore debt, more and more taxes. it is problematic. it did not solve anything. host: on the areas where you say there is common ground, do you think it get done before the 2014 election? guest: we already have a budget agreement that is the reality. host: the current income tax credit, the transportation. guest: we have a two-year highway bill in place right now. in the political dysfunction congress, the house transportation committee was able to pass a two-year highway bill. extension forfaa our airports. will continue. the good thing about transportation infrastructure, it is generally bipartisan. every congressman and senator has roads, bridges, harbors in their states. i believe we are going to continue to work on those things. host: the house armed services committee hearing from general dempsey today about the military's budget. what do you make of what the president post -- of what the president proposed? guest: i am nervous. it is a flat line. there is modest reduction and it does not grow. the budget wasat really designed around what the are.nal securi
deficit,ore debt, more and more taxes. it is problematic. it did not solve anything. host: on the areas where you say there is common ground, do you think it get done before the 2014 election? guest: we already have a budget agreement that is the reality. host: the current income tax credit, the transportation. guest: we have a two-year highway bill in place right now. in the political dysfunction congress, the house transportation committee was able to pass a two-year highway bill. extension...
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we got about a quarter inch adding to the deficit of the drought that we're in but you'll notiig
we got about a quarter inch adding to the deficit of the drought that we're in but you'll notiig
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we're looking at having a deficit this year of like roughly 3% of gdp. a couple of years ago it was 10% plus. everybody thought we would never get out of those deficits. things are not static. maybe even you two -- i never thought we'd be where we are today. things are not static. >> great point. >> very quickly, guys, the model i ran this morning, it may be a double digit number, the model that i ran. which is not the most reliable number out there. the one i ran is a double digit. >> high double digits. >> how did the market react to that? double digit gains. a double digit number, not even 100,000 on the jobs report tomorrow. >> less than 100,000? >> yes. >> i think the mark set expecting probably less than 100,000, expecting high double digits versus low double digits. >> rick, what's up? >> i'd like you to ask our guest, i didn't find his explanation for the lack of productivity very good. i think if you don't get a good answer to it, you end up like japan. some of the new research i see, everybody trying to explain the 25 years of malaise, it reall
we're looking at having a deficit this year of like roughly 3% of gdp. a couple of years ago it was 10% plus. everybody thought we would never get out of those deficits. things are not static. maybe even you two -- i never thought we'd be where we are today. things are not static. >> great point. >> very quickly, guys, the model i ran this morning, it may be a double digit number, the model that i ran. which is not the most reliable number out there. the one i ran is a double digit....
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. >> defense is going down because the defect -- deficit. >> what you are asking for is very reasonable in terms of this and 56nal $26 billion billion dollars overall for defense and nondefense. forill be given the pay from the administration the next few weeks. many of us have them that are perfectly reasonable. we pay for what we need to do as a country including closing some of these loopholes which are egregious. these offshore tax loopholes, that allow the most profitable corporations in the world to avoid paying taxes by shifting their intellectual property to tax havens. the loopholes that allow the hedge fund managers to be paying half of the tax rate that people who work for them pay. there are some unjustified tax loopholes in this tax code which we should close even if we had no deficit. given the fact we have real needs including security needs, which we much fun -- must fund adequately, there are places we can fund it. $26 billion for defense and 56 billion dollars overall so i hope we take the leap the administration has given us on this budget and fund the full 56 billion
. >> defense is going down because the defect -- deficit. >> what you are asking for is very reasonable in terms of this and 56nal $26 billion billion dollars overall for defense and nondefense. forill be given the pay from the administration the next few weeks. many of us have them that are perfectly reasonable. we pay for what we need to do as a country including closing some of these loopholes which are egregious. these offshore tax loopholes, that allow the most profitable...
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their plan called for the deficit $819 billion in 2013. what was the deficit for 2013? >> $680 billion. >> well, that is much less than what simpson bowles projected sit not? >> it is. >> so last year, 2013, president obama exceeded the deficit reduction goal of simpson bowles of $139 billion. am i correct? >> yes, sir. >> yes, sir i would have to look at what numbers they have at what years. >> do you know what the number will be? >> it is 2016 and it will be 531. gee have to look at these numbers. give the president and this administration some credit. i have been pretty tough on them. give them some cd. they did something else. they did something that bass wa positionti positive. but you are never going to give any credit to anybody except the pat on the back at the christmas party. superintendant th isn't that wonderful? >> does this plan raise the age for social security? >> no, sir. >> does it change the measure of inflation for social security? >> so this administration has managed to reduce the deficit in 2013 below bowles simpson to social security. >> so now w
their plan called for the deficit $819 billion in 2013. what was the deficit for 2013? >> $680 billion. >> well, that is much less than what simpson bowles projected sit not? >> it is. >> so last year, 2013, president obama exceeded the deficit reduction goal of simpson bowles of $139 billion. am i correct? >> yes, sir. >> yes, sir i would have to look at what numbers they have at what years. >> do you know what the number will be? >> it is 2016...
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while we have made some progress against the deficit, we have done so not by making these structural reforms to revenues and entitlement programs that would put us on a sound financial footing, but by continuing cuts to the funding that the department of defense and other federal programs need to meet important national priorities. this shortfall requires painful trade-offs and just about every area of the department of defense budget. for instance, the budget proposes significantly lower and strengths for the ground forces including a further reduction of army and active duty strengths with smaller reductions in the guardian reserve. the budget restricts the pay raise for service members below the rate of inflation, freezes pay for general and flag -- freezes pays for general and flag officers, begins a phase reduction in the growth of the housing allowance that will result in service members paying five percent out-of-pocket for housing costs, reduces support to commissaries and makes significant changes to the tri-care benefit. the budget also calls for retiring the air force's a-
while we have made some progress against the deficit, we have done so not by making these structural reforms to revenues and entitlement programs that would put us on a sound financial footing, but by continuing cuts to the funding that the department of defense and other federal programs need to meet important national priorities. this shortfall requires painful trade-offs and just about every area of the department of defense budget. for instance, the budget proposes significantly lower and...
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the deficit is a problem, no question about it. we've made good progress on the deficit. i would posit the number one problem facing america is the decline of middle class incomes. it affects our economy in so many ways. it affects our politics. it affects our whole way of being as americans. doing the kinds of things you have done in the budget, both in terms of tax, such as the earned american opportunity tax credit, the provision that i helped author and worked with you to extend, making it permanent is great. the child tax credit and on the spending side i know is not your department, but doing investments and infrastructure and education and research. those are the ways to get the middle class moving again and have my highest priority. i have a couple of questions here on specifics. the first is on the as pire act. i know the chairman mentioned it in his opening remarks. it's so important because one of the greatest block is savings and assets to many americans. 19 appearance of new york households and 31 appearance of households nationwide have no savings account. t
the deficit is a problem, no question about it. we've made good progress on the deficit. i would posit the number one problem facing america is the decline of middle class incomes. it affects our economy in so many ways. it affects our politics. it affects our whole way of being as americans. doing the kinds of things you have done in the budget, both in terms of tax, such as the earned american opportunity tax credit, the provision that i helped author and worked with you to extend, making it...
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you are cold, man, this guy put his entire political career on the line and went from a $3.5 billion deficit to a $1 billion surplus, that resonates in this economy. >> jeb bush would beat him 2-1. >> all right, coming up. and koncondoleeza rice, and a liberal professor. one of those professors will join me next as "hannity" continues. [ male announcer ] we know they're out there. you can't always see them. but it's our job to find them. the answers. the solutions. the innovations. all waiting to help us build something better. something more amazing. a safer, cleaner, brighter future. at boeing, that's what building something better is all about. ♪ i can't believe your mom has a mom cave! today i have new campbell's chuy spicy chicken quesadilla soup. she gives me chunky before every game. i'm very souperstitious. haha, that's a good one! haha! [ male announcer ] campbell's chunky soup. it fills you up right. impact wool exports from new zealand, textile poduction in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global
you are cold, man, this guy put his entire political career on the line and went from a $3.5 billion deficit to a $1 billion surplus, that resonates in this economy. >> jeb bush would beat him 2-1. >> all right, coming up. and koncondoleeza rice, and a liberal professor. one of those professors will join me next as "hannity" continues. [ male announcer ] we know they're out there. you can't always see them. but it's our job to find them. the answers. the solutions. the...
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scarlet johansen also suffered from gpd, geographical pointing deficit, as she pointed to the west coast predicting snow. and snooki had to address her own areas of low cut pressure. the pressure was anything but low on the anchor who had to toss to prince charles, calling him your highness. >> well, it's an unsettled picture. >> the prince found the script to be a royal pain. >> who the hell wrote this script? >> reporter: but who needs to dabble in doppler when you can dance across the weather map, which is what tom hanks did on unavision, since he couldn't speak spanish. might as well go up and down like barometric pressure, it felt like a rehearsal for dancing with the stars meteorological edition. when the late, great comedian paul lindh did the weather for an ohio station -- he played it dumb. >> 41% chance of twisters. >> reporter: and when confronted by radar -- >> looks like i'm going to be a fortune teller. >> reporter: that was in the late '70s. now in 2014 -- >> and if you didn't understand all this, i'm sure you have an app on your phone. >> reporter: not bad, katy, you made
scarlet johansen also suffered from gpd, geographical pointing deficit, as she pointed to the west coast predicting snow. and snooki had to address her own areas of low cut pressure. the pressure was anything but low on the anchor who had to toss to prince charles, calling him your highness. >> well, it's an unsettled picture. >> the prince found the script to be a royal pain. >> who the hell wrote this script? >> reporter: but who needs to dabble in doppler when you can...
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so when we think about methamphetamine, think about adderall, adderall is an attention deficit disorder drug that college students take. same drug, nobody's talking about -- >> it's not the same drug. >> it's the exact same drug. the only difference is that methamphetamine has a methyl group attached to it. but we did a study in which we -- along with other people, in which we tested the effects of a drug liked a ral compared to methamphetamine, they produced identical effects. they are almost identical chemically in terms of the chemical structure. they're the same effect. so we have these wildly different narratives surrounding these drugs. and that's what i'm trying to do. i'm trying to stop the hysteria so we don't make the same mistakes. >> we have put the rest of my extended interview on our web si site. it's something we want to do more with. you should watch the whole thing if you have a chance. >>> meanwhile, an absolute contemptible outrage today in washington that almost no one is talking about. we're going to talk about it next. tartar protection rinse. the only rinse that h
so when we think about methamphetamine, think about adderall, adderall is an attention deficit disorder drug that college students take. same drug, nobody's talking about -- >> it's not the same drug. >> it's the exact same drug. the only difference is that methamphetamine has a methyl group attached to it. but we did a study in which we -- along with other people, in which we tested the effects of a drug liked a ral compared to methamphetamine, they produced identical effects. they...
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the deficits in terms of our infrastructure. thank you for giving me the opportunity. >> thank you for your answer and i wanted my remaining time to change subjects and go to energy we know that the fossil fuel industry has had a pretty good run things. we continue to leverage billions of dollars in subsidies, special limited partnerships only available to energy projects in depreciation rules in the field seems to be permanently tifton favor of fossil fuels while we continue to pay lip service to the need for lean energy and yet the comparatively meager -- are always temporary and we are is fighting for them. in fact we just lost a bunch of tax credits from last year. i want to ask what this budget does to give meaning to our rhetoric about the meaning to give energy a fighting chance. we know we need to get serious about it in this country. >> we see in the presence budget number of investments in terms of renewables in new energy. you see the investments in r&d in different forms throughout throughout the energy budget as wel
the deficits in terms of our infrastructure. thank you for giving me the opportunity. >> thank you for your answer and i wanted my remaining time to change subjects and go to energy we know that the fossil fuel industry has had a pretty good run things. we continue to leverage billions of dollars in subsidies, special limited partnerships only available to energy projects in depreciation rules in the field seems to be permanently tifton favor of fossil fuels while we continue to pay lip...
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careful to use rhetoric like balanced in there is very careful to talk about the fact that that the deficit as a percentage of the of the national economy would go down by two thousand and twenty four we're in an emergency now and you know i believe in water conservation might but not blame the house on fire i'd like to see and i'd like to see him really talk about our real problems right now get off the deficit rhetoric altogether talk about rebuilding the economy and again i like to see him give tax breaks to people who are struggling to get by i'd like to see him address the issues that are making so many americans illiterate isn't really part of the problem this is a president who believes more in centrists theory of economics than he does progressive theory of economics there's no way we can avoid that there's no way that we can kid ourselves or you know make this notion that this is truly a progressive president he's a reagan i mean the only way i can describe is reagan type democrat and i'm just not saying anything more he still has this thing on the table this thing on the table abo
careful to use rhetoric like balanced in there is very careful to talk about the fact that that the deficit as a percentage of the of the national economy would go down by two thousand and twenty four we're in an emergency now and you know i believe in water conservation might but not blame the house on fire i'd like to see and i'd like to see him really talk about our real problems right now get off the deficit rhetoric altogether talk about rebuilding the economy and again i like to see him...
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persistently high current account surplus of two mb which not to create a risk to the cinema to notch deficits bought but didn't the government then should aim at posting going on to domestic amman to generate investment and strength and growth potential. sending missiles sams great technical but in fact is extremely controversial isn't it that tell us about jenny's reaction to david. it's quite interesting right. what the news of today is is not an official response of the german government consists of in official. it's an internal paper of the german ministry of economics where for the first time ever. the government to pull these officials of the ministry s speaking of cancer risks and detrimental effects of large imbalances to all for export import in between the eurozone which could mean that soon. the new government in berlin that might introduce about of the business to policies of posting them on and creating a new binder full of costs rising stock prices. well today though the stock prices are rising the boxes down about a quart of ups and the use of safety and extreme much unchanged.
persistently high current account surplus of two mb which not to create a risk to the cinema to notch deficits bought but didn't the government then should aim at posting going on to domestic amman to generate investment and strength and growth potential. sending missiles sams great technical but in fact is extremely controversial isn't it that tell us about jenny's reaction to david. it's quite interesting right. what the news of today is is not an official response of the german government...
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let's consider the deficit reduction that has occurred since the high deficit watermark achieved in the school year 2009. from the deficit of over $1.4 trillion in net year the deficit fell to a still high $680 billion in fiscal year 2013. of the $736 billion in deficit reduction, $670 billion came from increased revenue and only $66 million came from reduced outlays so in terms of budget realizations rather than promises for the future less than 9% of the deficit reduction between 2009 and 2013 came from reductions in spending. the vast majority came from increased revenue yet remarkably in the face of that history the administration's insatiable desire for higher taxes leads it to propose more tax hikes along with even more spending. put simply the tax hikes envisioned in the president's budget are not what our struggling economy needs. unfortunately while having pledged to focus like a laser on jobs this administration decided over the last five years to focus on expanding government with a failed stimulus, the affordable care act and initiatives like the dodd-frank act that is growi
let's consider the deficit reduction that has occurred since the high deficit watermark achieved in the school year 2009. from the deficit of over $1.4 trillion in net year the deficit fell to a still high $680 billion in fiscal year 2013. of the $736 billion in deficit reduction, $670 billion came from increased revenue and only $66 million came from reduced outlays so in terms of budget realizations rather than promises for the future less than 9% of the deficit reduction between 2009 and...
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is change the culture of the city as a whole so that we instead of seeing elderly new yorkers as a deficit, as a problem to be solved. instead we say the world is fundamentally a changing place, we're living longer, were living healthier and older new yorkers now are here in numbers that have surpassed anything in history. >> sreenivasan: one key ingredient to the initiative is listening to seniors, according to ruth finkelstein of the new york academy of medicine. she leads the initiatives private sector efforts. >> everything we do is grounded in the perspectives and voices of older adults. the first thing that they have to realize is we don't stand in the shoes of the people that were addressing and that we need first and foremost to understand the city through their perspective. >> sreenivasan: the program is now up and running in all five boroughs, including manhattan, where we met up with ed and sarah aarons. they cant imagine living anywhere but here. >> and i can't conceive of having the facilities and conveniences and the excitement as other places. >> the only two places he would
is change the culture of the city as a whole so that we instead of seeing elderly new yorkers as a deficit, as a problem to be solved. instead we say the world is fundamentally a changing place, we're living longer, were living healthier and older new yorkers now are here in numbers that have surpassed anything in history. >> sreenivasan: one key ingredient to the initiative is listening to seniors, according to ruth finkelstein of the new york academy of medicine. she leads the...
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the farm bill, one of the things that did that get talked about was the significance reduction in the deficit that comes from passing the farm bill. and i wish we could do immigration because there is another $58 billion to be saved it if we were to pass the immigration bill. so all of these bills are not just bills to deal with an apparent problem, but also have tremendous positive impact on our economy and senator reid is correct, if he could get that money, we've already passed the farm bill, so that money is there and it could be used to offset whatever the costs would be to unemployment. though i don't believe you ought to do that. this is an emergency. you ought to treat it as an emergency and not worry about finding a way to pay for it at this particular jupncture. >> dent partment of health and human services has told americans if they like their health insurance, they can keep it another two years. affordable care act compliance is being changed, be extended. doesn't this cut to the spirit of the what you and break it dolaw and break it down is this one rope we passed health care is
the farm bill, one of the things that did that get talked about was the significance reduction in the deficit that comes from passing the farm bill. and i wish we could do immigration because there is another $58 billion to be saved it if we were to pass the immigration bill. so all of these bills are not just bills to deal with an apparent problem, but also have tremendous positive impact on our economy and senator reid is correct, if he could get that money, we've already passed the farm...
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it's gone up so much because we've had a deficit in the market. you've had strikes in south africa. but russia is also the largest supplier of palladium, with 41% of the market. people are concerned that you're going to have at least some economic sanctions against russia. and you may not be able to get all of the palladium out. >> is most of the climb in the past few days? >> it was climbing before that. the past few days were fairly steep, though. >> and cars, really? >> the converters and what not. >> it's to play the bining, swc. it's a u.s. company. they contract out the palladium. but there is palladium in the u.s. if you look at it's had a great move. but stillwater mining. it looks like -- >> you're bearish gm. there's enough of a shortage here that that offsets. >> right. it's not like gm is going to go out of business. >> how can they do that? >> exactly. >> all right. we broadcast here out of the nasdaq market site. and today, nasdaq announced a new effort focusing on private companies. the private market is designed to help private companies to connect with buyers. joini
it's gone up so much because we've had a deficit in the market. you've had strikes in south africa. but russia is also the largest supplier of palladium, with 41% of the market. people are concerned that you're going to have at least some economic sanctions against russia. and you may not be able to get all of the palladium out. >> is most of the climb in the past few days? >> it was climbing before that. the past few days were fairly steep, though. >> and cars, really?...
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and i see a lot of this idea about how we're going to get deficits under control and in plans in time courtesy of tax hikes, but not a lot of spending cuts. >> well, a couple things. first of all, if you look at this budget, it shows the that the deficits are steadily decreasing, year by year. as you know, we've cut them in half over the last four years. and this budget puts the them on a continuing downward trajectory, number one. >> but they are still relying on tax hikes. $1 trillion worth over the next year. and i'm wondering, where are the savings? because the president and republicans, too, there were no fair players on this, they reversed what were going to be minor cost of living juchlgts in the last deal. they scrapped that altogether. writes the will for getting this under control? >> two things. i think if you look in the medicare area, the president's budget identifies some additional efficiencieefficienc that are saved, that are cut, not by harming beneficiaries, but by reducing and continue to reduce some of the overpayments to the private insurance companies, by changin
and i see a lot of this idea about how we're going to get deficits under control and in plans in time courtesy of tax hikes, but not a lot of spending cuts. >> well, a couple things. first of all, if you look at this budget, it shows the that the deficits are steadily decreasing, year by year. as you know, we've cut them in half over the last four years. and this budget puts the them on a continuing downward trajectory, number one. >> but they are still relying on tax hikes. $1...
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administration made adjustments to it to make sure it would be deficit neutral or project to be deficit neutral. all of this the administration according to official he doesn't think there are anymore major changes on the way for obamacare by end of this year, but still another accommodation the administration announcing now. if you like your plan you can keep it. the president had to make the change to the administration's law to do so. that accommodation is extended for two more years after the next presidential election. back to you. david: some people call that risk corridor a bailout. we'll wait and see. thank you very much, rich. >>> fireeye shares are soaring right now. they're up more than 8%. let's head back to adam shapiro on the floor of the new york stock exchange. adam. >> not bad for a company which had its ipo in december. daniel ives raised his price target to $100 up from $90. they hit a new high, $97.35. year-to-date the security firm shares are up 118%. one. new billionaire on the forbes list is founder. this company again the ipo in september. the company has been ar
administration made adjustments to it to make sure it would be deficit neutral or project to be deficit neutral. all of this the administration according to official he doesn't think there are anymore major changes on the way for obamacare by end of this year, but still another accommodation the administration announcing now. if you like your plan you can keep it. the president had to make the change to the administration's law to do so. that accommodation is extended for two more years after...
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the stronger economy helps fuel the tax burden, helps fuel some of the deficit. if there are things we can do in the administration, the old politics over policy, i think certainly in energy, certainly in several other key areas if we had a better view on policy versus politics, i think we'd see some more robustness. you look at the jobs that are created out of energy and the fracking business, you know, the average employee in theç marcellus, $95,000 a year. 1.3 million jobs, $63 billion in additional tacks. energy independence is at the heart of getting this gdp up and running. >> growth cures all evil. it's great to see you. >> thank you for the opportunity. >> really appreciate it. >>> we have some breaking news now. bertha coombs, what can you tell us? >> the white house says it's going to allow -- to extend the current customers in the transitional plan yaal plans fo two years. 1.5 million individuals and small businesses. they will be renewable through 2016. also boosting 2015 deductibles and out of pocket costs by 4% and they're extending the open enrol
the stronger economy helps fuel the tax burden, helps fuel some of the deficit. if there are things we can do in the administration, the old politics over policy, i think certainly in energy, certainly in several other key areas if we had a better view on policy versus politics, i think we'd see some more robustness. you look at the jobs that are created out of energy and the fracking business, you know, the average employee in theç marcellus, $95,000 a year. 1.3 million jobs, $63 billion in...
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the rain earlier in the week kept the deficit from growing, so only about 34% to 35% of average. this is how much we need to make up just to get back to average up to today. little more than ten in san francisco, oakland, sfo, and nearly 17 at santa rosa. we're going to get hardly anything close to that, lucky couple hundredths of an inch. you can see sprinkles across the north bay. you'll get steadier rain as we head into the afternoon hours. you can see the rain falling up to the north. here's what to expect, light rain in the north bay, for the rest of us, it will start moving through during the evening commute. slick spots will develop initially, then taper overnight to scattered showers for tomorrow morning. i'll give you a better time table coming up and amounts to expect and the next rain this weekend. that's coming up in your forecast. cheryl? >> thank you. in the east bay, some parents are fighting a plan to open a probation office for convicts right across the street from an elementary school. it's a story you'll see only on abc 7 news. lincoln elementary is just a few
the rain earlier in the week kept the deficit from growing, so only about 34% to 35% of average. this is how much we need to make up just to get back to average up to today. little more than ten in san francisco, oakland, sfo, and nearly 17 at santa rosa. we're going to get hardly anything close to that, lucky couple hundredths of an inch. you can see sprinkles across the north bay. you'll get steadier rain as we head into the afternoon hours. you can see the rain falling up to the north....
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in fiscal year 2009, we achieved a high deficit watermark of $1.4 trillion. that number fell to a still high $680 billion in fiscal year 2013. of the $736 billion of deficit reduction over that five-year span, $670 billion came from increased revenue or taxes and only $66 billion came from reduced outlays. so in terms of budget realizations, rather than promises for the future, less than 9% of the deficit reduction between 2009 and 2013 came from reductions in spending. the vast majority came from increased revenue. yet the mantra from the administration continues: more revenue and higher taxes along with ever-more spending. one can only wonder where job creation falls into the mix, if it does at all. since president obama came into office, we've heard a lot of talk about his laser-like focus on job creation. however, the record of this administration suggests that this focus is more on growing government than on growing our economy. we've seen the failed stimulus, obamacare, and initiatives like dodd-frank, all of which have expanded the size and scope of th
in fiscal year 2009, we achieved a high deficit watermark of $1.4 trillion. that number fell to a still high $680 billion in fiscal year 2013. of the $736 billion of deficit reduction over that five-year span, $670 billion came from increased revenue or taxes and only $66 billion came from reduced outlays. so in terms of budget realizations, rather than promises for the future, less than 9% of the deficit reduction between 2009 and 2013 came from reductions in spending. the vast majority came...
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during his tenure, the deficit was redutioned from $290 billion to $70 billion. the dow jones industrials more than tripled, unemployment decreased and more than 18 million new jobs were created. senator bob dole described secretary reuben as a man of honesty and integrity. alan greenspan called him one of the most respected treasury secretaries in history. when he retired in 1999, secretary reuben received glowing reports from democrats and republicans alike. here's what he said about climate change a few weeks ago. and i quote. there are a lot of significant monumental issues facing the global economy, but this one supersedes all else. experts are telling us inaction on climate change threatens the global economy. responding to this threat isn't about disadvantaging ourselves, it's about seizing opportunity. there are already 143,000 solar jobs and 80,000 wind jobs in the united states. winning the global clean energy race will mean millions of jobs and faster economic growth. competitors in china and europe understand this. we risk being left behind if we don'
during his tenure, the deficit was redutioned from $290 billion to $70 billion. the dow jones industrials more than tripled, unemployment decreased and more than 18 million new jobs were created. senator bob dole described secretary reuben as a man of honesty and integrity. alan greenspan called him one of the most respected treasury secretaries in history. when he retired in 1999, secretary reuben received glowing reports from democrats and republicans alike. here's what he said about climate...
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extra spending by definition adds to the deficit. by the way, to be fair here cbo is saying it will be a billion. but excuse me, 18. >> 8 billion. >> and well, the point is, they are claiming to get the money back eventually once obama care begins to pay off. the money that we spend on tarp spending, most of that money was paid back and there are precedents for companies that receive bail outs and paying back that money. it is anybody's guess. and judging on the basis of how obama care has gone so far, i don't think there is a good odd chance that the money will be paid back. president obama's budget that was released yesterday proposes to give hhs, health and human services now a trillions more. >> it is unbelievable. a trillion dollars would have been the entire budget and throw in the defense and everything. trillion shoes the commitment of the administration to all of the programs for the poor. we haven't seen an administration fund this much and spend this much money in the transfer payments is what we call the money with food s
extra spending by definition adds to the deficit. by the way, to be fair here cbo is saying it will be a billion. but excuse me, 18. >> 8 billion. >> and well, the point is, they are claiming to get the money back eventually once obama care begins to pay off. the money that we spend on tarp spending, most of that money was paid back and there are precedents for companies that receive bail outs and paying back that money. it is anybody's guess. and judging on the basis of how obama...
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proposal calls for raising minimum wages and more spending on infrastructure will also reducing the budget deficit by over six hundred fifty billion over the next decade obama said it was all about strengthening the middle class for job creation and economic growth. obama however is expected to face strong resistance from getting the budget passed by the republican controlled house of representatives. and heading over to southeast asia and intense we've been trying he has been battering many countries in the region for the past few weeks singapore's national environment agency announced wednesday that the country is suffering one of its worst run seasons in history. with every being its driest months since eighteen sixty nine experts say the dry spell friends of race for other food prices and have a negative effect on emerging economies in the region relief may be on the way and seeing sure monsoon season is set to begin at the middle of this month and run through early may. dazzled inter national stories making headlines around the world i'll see you back here tomorrow night. the weather took a s
proposal calls for raising minimum wages and more spending on infrastructure will also reducing the budget deficit by over six hundred fifty billion over the next decade obama said it was all about strengthening the middle class for job creation and economic growth. obama however is expected to face strong resistance from getting the budget passed by the republican controlled house of representatives. and heading over to southeast asia and intense we've been trying he has been battering many...
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. >> ukraine has about a $20 billion deficit in energy. most of that comes from russia. one of the main aims -- >> does ukraine have its own domestic sources of energy? >> not much. >> it could. it?x'eeds to be developed. >> i just read a story where that gas company is going to be pulling back, part of their effort to diversify. they tried to do that. one of the aims of western reform will be to get rid of the domestic fuel subsidies, bring it up to a more western level. what does that mean? it means helping pay the bills of average ukrainians. that bill is from russia. if it's rubles or -- no matter how many consonants are in the currency it's still fungible. >> they are in arears by more than $1.5 billion. that first payment goes directly to gas. >> let's talk about another couple stories on your beats. first with you and china, and you maintain that possibly, possibly china is facing a bear stearns kind of moment. >> the first corporate bond defaults in chinese modern history. remember, they didn't issue corporate bonds for a long time because they were communist. th
. >> ukraine has about a $20 billion deficit in energy. most of that comes from russia. one of the main aims -- >> does ukraine have its own domestic sources of energy? >> not much. >> it could. it?x'eeds to be developed. >> i just read a story where that gas company is going to be pulling back, part of their effort to diversify. they tried to do that. one of the aims of western reform will be to get rid of the domestic fuel subsidies, bring it up to a more western...
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what is the deficit number in this proposal and define the two. >> guest: deficits are how much the government spends minus how much they raise in revenue. and they are measured in percentage of economy activity. it is around 4% and coming down fast. i think it is estimated to end around 3% and in the 2's next year so that is a big decline from 2010 where it was 10%. so that is progress. as long as the economy is growing faster than 2%, it will be a decline. every year you spend more than you have, and borrow money and that adds to the debts. so they would come down to a 1.6% gdp. the president will raise taxes on a trillion dollars mainly on wealthy people but some middle class as well. it would probably work. but it is a huge controversy from the taxes. ... thank you for taking my call. independent because most of us americans have caught onto the big blame game. , andeach blame each other basically they are on the same team. they have different ways to go about it. my main problem is the epa. we are giving him close to $8 million, and it'll do nothing for us. they let the fracking industry
what is the deficit number in this proposal and define the two. >> guest: deficits are how much the government spends minus how much they raise in revenue. and they are measured in percentage of economy activity. it is around 4% and coming down fast. i think it is estimated to end around 3% and in the 2's next year so that is a big decline from 2010 where it was 10%. so that is progress. as long as the economy is growing faster than 2%, it will be a decline. every year you spend more than...
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we applaud the fact there is over $200 billion of deficit reduction in the affordable care act if we can find additional savings and replace lost revenue, we are certainly open to that discussion. i rise in celebration of having width stood 50 repeal votes. we are ready for the next 50. we use these opportunities to highlight the american people on the benefits of the affordable care act. and to say we are ready to have a real discussion with republicans to exert our legislative privilege to make changes. in the absence of that we applaud the president in using the ability that is we gave him under the act to help make sure the affordable care act truly makes health care more affordable for american families. i reserve the balance of my time. the speaker pro tempore: the gentleman from colorado reserves. the gentleman from texas. mr. burgess: i yield myself two minutes. the speaker pro tempore: the gentleman is recognized, two minutes. mr. burgess: mr. speaker, here's the affordable care act. the president said it's the law of the land. how does it describe the effective date for the
we applaud the fact there is over $200 billion of deficit reduction in the affordable care act if we can find additional savings and replace lost revenue, we are certainly open to that discussion. i rise in celebration of having width stood 50 repeal votes. we are ready for the next 50. we use these opportunities to highlight the american people on the benefits of the affordable care act. and to say we are ready to have a real discussion with republicans to exert our legislative privilege to...
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60 years, we at the decided we're going to keep squeezing the middle class or continue to reduce the deficits responsible he -- responsibly while taking steps to grow and strengthen the middle class. the american people have made clear time and again which approach they prefer, which is the approach that my budget offers and why i'm going to fight for it this year and in the years to come as president. >> the proposed military budget for 2015 is 570 $5 billion. the pentagon is seeking an additional $79.4 billion in war funding, even though most u.s. troops are supposed to withdraw from afghanistan by the end of the year. won al giant chevron has major victory in a lawsuit it brought against victims of its pollution in the war. a group of indigenous ash indigenous plaintiffs won a landmark $9 billion judgment in 2011 for widespread contamination resulting from toxic dumping by texaco, which chevron later bought. chevron sued the victims and the the u.s.torney -- and attorney. on tuesday, u.s. district judge lewis kaplan agreed, ruling the plaintiffs used "corrupt means" and barred collection o
60 years, we at the decided we're going to keep squeezing the middle class or continue to reduce the deficits responsible he -- responsibly while taking steps to grow and strengthen the middle class. the american people have made clear time and again which approach they prefer, which is the approach that my budget offers and why i'm going to fight for it this year and in the years to come as president. >> the proposed military budget for 2015 is 570 $5 billion. the pentagon is seeking an...
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he turned in massive budget deficits, and the economy tanked. the problem with barack obama is not that he changed bush's policies but rather that he did not change them. he took the worst of them and doubled down. he's added $6. trillion to the national debt. meaning that i had -- meaning that today's young people will have to pay back $56,000 plus interest per household to their future taxes for nothing more than to pay for this administration's overspending. he seized 1/6 of the american economy that provides our health care and well on the way to wrecking it for millions of american families, costing them their health plans, their doctors, their savings, and their security. his increased annual taxes by -- he's increased taxes, averaging about $4,00 for every household in america. he made a lot of promises that turned out not to be true. he promised that massive government spending would produce prosperity. instead average personal incomes declined $2,00 during his presidency and food stamp dependency's at an all-time high. nearly one in six
he turned in massive budget deficits, and the economy tanked. the problem with barack obama is not that he changed bush's policies but rather that he did not change them. he took the worst of them and doubled down. he's added $6. trillion to the national debt. meaning that i had -- meaning that today's young people will have to pay back $56,000 plus interest per household to their future taxes for nothing more than to pay for this administration's overspending. he seized 1/6 of the american...
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deficit now. the rain today will hopefully keep that ddeficit from buildin not decrease it at all. l low to mid-50s. marrying everybody else except alameda. 57 degrees the warm spot right now. temperatures tomorrow that will be slightly cooler than today. this because of the cold front pushing through and a little wind shift. around 6 0 at the coast. 70, high clouds and sunshine around the bay and inland friday and saturday and low to mid-60s at the coast. more rain is on wait for the back half. weekend. that's coming up in your accuweather seven-day forecast. here's kristen and eric with more news. >>> and the bush dynasty. the win for one of the youngest members of america's best known political family. >>> first, more than 100,000 pieces of mail go up in flames right here in california. this morning, the advice the post office is giving to people who may have lost their letters and packages. >>> and caught on camera. an art thief tries to get eway wi away with a pricey painting but wasn't thinking about a quick-thinking gallery owner. >>> three b.a.r.t. stations shut down in the
deficit now. the rain today will hopefully keep that ddeficit from buildin not decrease it at all. l low to mid-50s. marrying everybody else except alameda. 57 degrees the warm spot right now. temperatures tomorrow that will be slightly cooler than today. this because of the cold front pushing through and a little wind shift. around 6 0 at the coast. 70, high clouds and sunshine around the bay and inland friday and saturday and low to mid-60s at the coast. more rain is on wait for the back...
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because in the end, we could talk about deficits and debt. we could talk about data. but in the end, treasuries really when it gets nasty, when that tina the only -- that there is no alternative to stocks, that changes rather abruptly when stocks go down. and then tina becomes there is no alternative to being long treasuries. we want to keep cognizant of that. to the end the japanese are doing everything in their power to keep the yen weak, let's look at how all that stimulus and various ways they're trying to goose their economy have panned out. one way they've made good strides on. currently the latest reads is 3.7. now, that is the basic lowest rates since july of '07. during that interim period between '07 and now the high was 5.5. the message to this is is that the japanese may have issues for the last 25 years. but huge high unemployment certainly does not seem to be one of them but they made some inroads. base wage, recent data. this is important. base wages were only up 1/10 year over year. one of the things they're trying to do is goose inflation. if you adju
because in the end, we could talk about deficits and debt. we could talk about data. but in the end, treasuries really when it gets nasty, when that tina the only -- that there is no alternative to stocks, that changes rather abruptly when stocks go down. and then tina becomes there is no alternative to being long treasuries. we want to keep cognizant of that. to the end the japanese are doing everything in their power to keep the yen weak, let's look at how all that stimulus and various ways...
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the plan would still projected deficit of five hundred and sixty four billion dollars in twenty fifteen three point one percent of the nation's great domestic product that's down eighty five pm from the sea and our budget. it's about chores. it's about our values. as a country we gotta make a decision of former protect tax breaks for the wealthiest americans or four to make smart investments necessary to create jobs and grow our economy. and expand opportunity for every american. the white house chose to announce the budget tax and local elementary school because the green printing phased increase spending on early childhood education republican lawmakers have indicated that they would go all such proposals in the house of representatives which they come to be controlled. they accuse the white house and using the twenty fifteen bond up and it's a cold it's during an election year in ways that fighting to retain control of the u s senate that iran's his cctv washington. and then you want to support brings to our cars this update on cctv news side of the snow. for the night like you are g
the plan would still projected deficit of five hundred and sixty four billion dollars in twenty fifteen three point one percent of the nation's great domestic product that's down eighty five pm from the sea and our budget. it's about chores. it's about our values. as a country we gotta make a decision of former protect tax breaks for the wealthiest americans or four to make smart investments necessary to create jobs and grow our economy. and expand opportunity for every american. the white...
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champions league garden after that, desperate not to make too big an advantage -- two big deficit after the advantage. ." you are watching "france 24 our top stories of course the growing crisis in ukraine, the subject of today's inside look. joining us is the director of the polish institute of international affairs, joining us via skype. thank you for joining us, sir. all of this diplomatic wrangling comes a day after u.s. president barack obama warned moscow it was "not fooling anybody" over its involvement in crimea. there have been tough words exchanged between russia and the u.s. will the diplomats be able to overcome that animosity and come to some sort of solution? >> i think it will be extremely difficult because it is a situation where russia has invaded the territory of another country in breach of united nations charter, in breach of the rules of the organization for security and cooperation in europe and in violation of treaties between ukraine and russia. this is a situation that cannot be tolerated by the international community without raising these objections. at the sa
champions league garden after that, desperate not to make too big an advantage -- two big deficit after the advantage. ." you are watching "france 24 our top stories of course the growing crisis in ukraine, the subject of today's inside look. joining us is the director of the polish institute of international affairs, joining us via skype. thank you for joining us, sir. all of this diplomatic wrangling comes a day after u.s. president barack obama warned moscow it was "not...